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MELROSE, NY 12121

Real Estate Market Report  ·  Rensselaer County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 71.4% vs 7 last year
Pending
0
0% pending ratio
Median Price
$494,950
⇧ 5.3% vs $470,000 last year
Average Price
$494,950
⇩ 5.4% vs $523,333 last year
Days on Market
108
⇩ 7.7% vs 117 days last year

Market Context

Population: 2,358  ·  Density: 47.2/mi²  ·  Median household income: $116,250

Typical home value: $230,649  ·  Homeownership: 97.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MELROSE, NY real estate market (12121) currently shows 2 active listings. Homes are averaging 108 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 108 days on market compared to 117 days last year.

The median listing price has risen 5.3% year-over-year, from $470,000 to $494,950.

Whether you are buying or selling in MELROSE, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 7 last year
  • Days on market: 108 now vs 117 last year

Median & Average Pricing

Year over Year
  • Median: $494,950 (+5.3% YoY)
  • Average: $494,950 (-5.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.9 miles — 321 listings ($148,250,976 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12121Melrose, NY 121210.0 mi2$989,900$494,950$494,950
12188Waterford, NY 121884.9 mi24$13,628,400$559,450$567,850
12180Troy, NY 121806.4 mi98$38,394,440$332,000$391,780
12094Johnsonville, NY 120946.7 mi4$1,028,000$240,000$257,000
12118Mechanicville, NY 121188.0 mi76$41,491,060$586,650$545,935
12052Cropseyville, NY 120528.7 mi4$2,269,800$567,450$567,450
12189Watervliet, NY 121899.4 mi14$4,311,230$231,950$307,945
12028Buskirk, NY 1202810.8 mi7$3,114,300$509,900$444,900
12151Round Lake, NY 1215110.9 mi2$895,000$447,500$447,500
12198Wynantskill, NY 1219811.5 mi18$8,249,814$439,900$458,323
12211Albany, NY 1221112.4 mi32$23,118,400$640,000$722,450
12090Hoosick Falls, NY 1209012.8 mi27$7,843,068$259,000$290,484
12138Petersburg, NY 1213813.9 mi13$2,917,564$185,000$224,428

Frequently Asked Questions

How many homes are for sale in MELROSE, NY 12121?

As of January 2026, there are 2 active listings in MELROSE, NY (zip code 12121), compared to 7 the prior year.

What is the median home price in MELROSE, NY 12121?

The median listing price in MELROSE, NY 12121 is $494,950 as of January 2026, a 5.3% increase from $470,000 the prior year.

How long do homes stay on the market in MELROSE, NY?

Homes in MELROSE, NY 12121 spend an average of 108 days on the market before going under contract, compared to 117 days the prior year.

Is it a seller's or buyer's market in MELROSE, NY 12121?

Based on current inventory and days-on-market data as of January 2026, MELROSE, NY 12121 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 108 days on market compared to 117 days last year.

How much can I save on real estate commission in MELROSE, NY?

With SELL123.com's maximum 3% commission, sellers in MELROSE, NY 12121 save an estimated $9,899 compared to a typical 5% commission on the median listing price of $494,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.